** HCL, Applied Material, others to invest ₹5,000 crore in Karnataka

Tech firm HCL already has a significant presence in Bengaluru. U.S-based Applied Materials, Inc. supplies equipment, services and software for the manufacture of semiconductor (integrated circuit) chips for electronics, flat panel displays for computers, smartphones, televisions, and solar products. Rakon India is an electronic manufacturer while Noida-based Chint Electric makes isolator switches.

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